332 Franklin St Unit 501 #501

Cambridge, MA, 02139

Condo · MLS #73547607

Price/sqft

$775

Days on market

8 days

Lot size

0.11 ac

Beds

2 full

Baths

1,083 sq ft

Sq Ft

0.11 acres

Lot

1 car

Garage

Taxes: $5,873.6 (2026)

About this home

PRICE REDUCTION TO $839,000 RARE VALUE-ADD INVESTMENT / EQUITY-BUILDING OPPORTUNITY IN PRIME CAMBRIDGE. This east-facing 2-bedroom, 2-bath unit in the highly desirable Cyrus Fellows condo flooded with natural morning light and fifth floor elevated privacy. Strategic price improvement at $839,000 this property presents a rare opportunity for investors, contractors, or end-users to secure immediate upside and build equity in one of the most desired neighborhoods in Central Square, Cambridge.PROPERTY HIGHLIGHTS:Spacious Open-Concept Layout: The apartment features rich hardwood floors, a cozy wood fireplace, large windows, a private balcony with city views.Functional 2BD/2BA Floor Plan: The primary suite has an en-suite full bath, and ample closet space. The second bedroom offers a walk-in closetan ideal layout for maximum rental return, roommates, or a home-office configuration.Essential Modern Conveniences: In-unit washer and dryer, forced-air heating, individually controlled in-wall heating and cooling units, elevator access, and a private storage locker.Deeded Garage Parking: Includes a coveted deeded garage parking space in a high-density neighborhood where parking commands a premium.Professionally managed, pet-friendly condominium association.Rentals permittedcapitalize on strong, continuous tenant demand driven by surrounding academic and biotechnology hubs. Offered firmly as is. UNBEATABLE RIVERSIDE LOCATION:Nestled between Harvard University and MIT, very close to Central Square, the MBTA Red Line, the Charles River, and an array of world-class dining, cafes, and parks. Exceptional Walk and Bike scores make this a prime location for urban professionals and students alike.Bring your design ideas and tap into instant equity in the heart of Cambridge!